Internet access price hikes worry the Competition Commission. (Graphic: Nicola Mawson | GenAI and Competition Commission) While internet connectivity, which the Competition Commission considers an essential service, has become more expensive, the increase pales in comparison with the surge in transport costs. Increases of 4.1% for wireless and 3.5% for wired internet services rising at…
The Huawei logo at the World Artificial Intelligence Conference in Shanghai in July 2026. Go Nakamura/Reuters China’s Huawei Technologies reported a 36% plunge in first-half net profit on Monday as soaring input costs and heavier spending on research and development outweighed revenue growth. The Shenzhen-based tech and telecoms giant said net profit for January to…
Rwanda’s Minister of Trade and Industry, Antoine Marie Kajangwe, has called for African countries to reduce taxes, fees and levies on air travel, saying high costs are limiting movement and business opportunities across the continent. ALSO READ: Kagame criticises expensive air travel in Africa Kajangwe made the remarks during the closing session of the two-day…
Xiaomi announced that the heaviest pressures on its smartphone business have likely passed, even as second-quarter earnings missed analyst projections due to elevated component prices. High memory costs severely squeezed margins across its mobile division, but management expects cost inflation to temper throughout the second half of the year as its fast-growing electric vehicle (EV)…
US prices rose 3.4% in the year to July, slightly lower than the 3.5% in the year to June, new figures show. Energy remained volatile as the Middle East conflict has continued. While gasoline prices were down 2.9% in July compared to June, they were up 24.6% over the year. Month to month, inflation rose…
Khimji Ramdas Group Chooses Rimini Street to Reduce SAP Support Costs, Protect 700+ Customizations and Reinvest Savings in Innovation Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™ and the leading third-party support provider for Oracle, SAP and VMware software, today announced that Khimji Ramdas Group, one of Oman’s largest privately…
Nairobi — African governments and aviation industry leaders are pushing for faster implementation of open-skies policies, warning that fragmented air transport markets are raising business costs and limiting the benefits of the African Continental Free Trade Area. A high-level working session ahead of the Africa Mindset Reset Forum in Kigali found that Africa has much…
OpenAI’s latest announcement introduces “fast mode” for GPT-5.6 Sol. ChatGPT developer OpenAI has cut the cost of its GPT-5.6 artificial intelligence (AI) models by as much as 80% and introduced faster processing for its premium model. This, as competition intensifies among AI providers to make enterprise AI more affordable and scalable. The company announced yesterday…
Google parent Alphabet saw its business continue to grow in recent months, yet growing spending on artificial intelligence (AI) infrastructure put its leftover cash into negative territory. The company’s free cash flow, the cash it maintained after paying for operations and investments, came in at negative $5.9bn (£4.3bn) for the first time in at least…
A study conducted by Altron Digital Business (ADB) found that a staggering 88% of South African employees agree that technology enables them to do their best work. ADB concluded the benchmark study, focusing on how employees experience technology across eight major institutions in the financial services industry. The Employee Technology Experience Index (TEXI) measured employee…
